Melrose Industries PLC
MRO: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|F& | LOCK|>#n | LOCK|%<>v$G |
Melrose Earnings: Margin Soars on Aftermarket and Defense Tailwinds as Long-Term Growth Locks In
Melrose Industries' revenue rose 6% to GBP 1.72 billion; operating profit grew 29% to GBP 310 million, with margin up 380 basis points to 18%. Engines drove 11% top-line growth with a 33.4% margin, while structures improved to 6.7% as defense offset a slower civil ramp-up.
